Monday 31 July 2017

India raises concerns around Chinese firm Fosun’s takeover of Gland-source

SOURCE: Reuters  India has privately raised objections to Chinese firm Shanghai Fosun Pharmaceutical Group’s (600196.SS) proposed $1.3 billion takeover of Indian drugmaker Gland Pharma, a source familiar with the matter said on Monday. The deal has won the approval of the Competition Commission of India (CCI) and India’s Foreign Investment Promotion Board (FIPB) in the last […]

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